Portman Ridge Finance (KCAP) Stock Price, News & Analysis

Portman Ridge Finance Co. (NASDAQ:KCAP) posted its quarterly earnings data on Tuesday, November, 6th. The financial services provider reported $0.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.08. The financial services provider had revenue of $7.16 million for the quarter. Portman Ridge Finance had a positive trailing twelve-month return on equity of 5.81% and a negative net margin of 35.34%.

Portman Ridge Finance (NASDAQ:KCAP) pays an annual dividend of $0.40 per share and currently has a dividend yield of 10.67%. KCAP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 148.15%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, KCAP will have a dividend payout ratio of 117.65% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for KCAP.

Based on aggregate information from My MarketBeat watchlists, some companies that other Portman Ridge Finance investors own include Oxford Square Capital (OXSQ), THL Credit (TCRD), Annaly Capital Management (NLY), New York Mortgage Trust (NYMT), Prospect Capital (PSEC), Keryx Biopharmaceuticals (KERX), PhenixFIN (MCC), SandRidge Permian Trust (PER), Ares Capital (ARCC) and Chimera Investment (CIM).